Houses are getting scooped up before they’re listed. It’s shutting people out of homeownership
As U.S. home prices surge while housing inventory is at a historic low, some real estate agents say the tight market is becoming even more competitive through the practice of so-called “pocket listing” deals that are sold to buyers before…
Watch 6:30
Supply ‘bottlenecks’ are driving a consumer price surge. Here’s how that affects inflation
The Consumer Price Index rose 5.4% last month compared to a year ago — the biggest monthly jump since 2008. During testimony on Capitol Hill Wednesday, Federal Reserve Chairman Jerome Powell gave his assessment about the price surge and risks…
CEO pay rises to $12.7 million even as pandemic ravages economy
The median pay package for a CEO at an S&P 500 company hit $12.7 million in 2020, according to data analyzed by Equilar for The Associated Press.
Watch 2:28
Biden’s proposed budget plan could be the largest since World War II. Here’s what’s in it
President Joe Biden's first budget proposal, which will be released Friday, will look to transform the economy, education — all while confronting climate change. It would also be historic in its price tag if passed: $6 trillion — the highest…
The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.
Over the past 14 months, the U.S. Government has allocated hundreds of billions of dollars to help small businesses survive the pandemic's economic hurdles. All that funding has been managed by the U.S. Small Business Administration, but many of the…
Even as the U.S. economy turns a corner, several women told the PBS NewsHour that the pandemic exacerbated already-existing anxieties they had about raising children in America, and they’re not certain when they’ll feel equipped to support a family.
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market's growing strength as businesses reopen and consumers step up spending.
Powered by consumers, the U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed…
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